The currency pair Euro/US Dollar (EUR/USD) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 1.17779 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.17446 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18487 |
| 2nd High | 1.17963 |
| Next High | 1.17779 |
| Current Price | 1.17755 |
| Next Low | 1.17446 |
| 2nd Low | 1.17414 |
| 3rd Low | 1.16896 |
1.17779 – 1.1763 – 1.17963 – 1.17446 – 1.17414 – 1.16896 —
1.17756 – 1.17752 —
69.07479872859 – 55.573983361026 —
– —
1.17779 – 1778157000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –